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brand equity

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Definition of brand equity in English:

noun

[mass noun]
The commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.
Example sentences
  • Tactical campaigns - doing sales promotions to generate short-term sales - shouldn't be used to replace great brand equity.
  • Yet, at the end of the day, very little is understood about the sources of brand equity.
  • For the long term, he examines brand equity.

Definition of brand equity in:

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Word of the day prepotent
Pronunciation: prɪˈpəʊt(ə)nt
adjective
greater than others in power or influence